Kinder Morgan Plans Alberta Storage Terminal

January 2012, Vol. 239 No. 1

Kinder Morgan Energy Partners plans to invest $210 million to build seven tanks with storage capacity of 2.4 MMbbls for crude oil and condensate at its Edmonton Terminal in Strathcona County, Alberta.

Kinder Morgan Canada Terminals has entered into long-term contracts with customers to support the project.

Kinder Morgan subsidiary Trans Mountain Pipeline previously received National Energy Board approval to construct merchant and regulated tanks at the Edmonton facility and intends to start construction following receipt of other supporting permits. It is anticipated that the new tanks will be placed in service in late 2013.

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